Aptos (APT)

Aptos is a Layer 1 blockchain that was launched in November 2022.
It was developed by Aptos Labs, an independent company founded by engineers from Meta (formerly Facebook).
Aptos aims to be a scalable, secure and reliable blockchain that can be used for a wide range of applications.
Aptos is designed to be scalable.

The blockchain can process up to 10,000 transactions per second, making it suitable for use by a large number of users.
Libra was a Layer 1 blockchain designed to be a global digital asset.
The blockchain also used a Proof-of-Stake consensus mechanism, but was designed to be managed by a consortium of 28 companies.

Libra met with strong opposition from regulators and legislators, and Meta finally abandoned the project in 2021.
Aptos is an evolution of Libra.
The blockchain uses the same underlying technology, but is designed to be more scalable and decentralized.
Aptos is not controlled by a consortium of companies, but by a community of validators.

Buy APT tokens onlmine.

The Libra era In 2019, Meta, formerly Facebook, announced the launch of a blockchain project called Libra.
This project aimed to create a new digital asset that would be accessible to everyone, regardless of their location or financial situation.
Aptos was born out of this Libra project.
It was a Level 1 blockchain that was designed to be the foundation of Libra.
Aptos was developed by a group of Meta engineers and researchers, including Mo Shaikh and Avery Ching.
In 2021, the Libra project was renamed Diem.
However, the project was abandoned in 2022, due to regulatory pressure and criticism from legislators and regulators, who saw it as direct competition with the US dollar.
LIBRA’s troubles with these institutions caused a gradual abandonment of the project by all the companies that had initially subscribed to it, especially Mastercard. The Aptos era After the Diem project was abandoned, Mo Shaikh and Avery Ching decided to continue developing Aptos as an independent project.
They set up a new company, Aptos Labs, to develop and support blockchain.
Aptos launched its mainnet on October 18, 2022.
This is a Level 1 blockchain that is designed to be secure, scalable and accessible to all.
Aptos uses the Move programming language, which was developed by Meta as part of the Libra project. Investors: – Coinbase Ventures is the investment arm of Coinbase – Jump Crypto is a crypto-asset investment company that has invested in a number of leading blockchain projects.
– Andreessen Horowitz is a leading venture capital firm that has invested in a number of leading tech startups, including Facebook, Twitter and Airbnb.
– Greylock Partners is a leading venture capital firm that has invested in a number of leading technology startups, including LinkedIn, Airbnb and Spotify.
– Sequoia Capital is a leading venture capital firm that has invested in a number of leading technology startups, including – Apple, Google and PayPal.

Unlike traditional blockchains that employ serial transaction execution, where transactions are processed one after the other, Aptos adopts parallel execution.
This approach enables multiple transactions to be executed simultaneously, capturing a snapshot of the current state and processing them in parallel.
While serial execution ensures confirmation of transaction status, it inherently limits scalability.
Aptos addresses this limitation by employing parallel execution, dramatically improving transaction throughput.
The challenge of parallel execution lies in preventing interference between different transactions.
Aptos has made significant progress in this area and is currently reporting impressive results on its testnet, with over 20,000 nodes and a transaction processing capacity of 10,000 transactions per second (TPS).
Aptos is aiming for an ultimate target of 100,000 TPS.
However, the actual achievement of this target and the stability of the network without downtime will be revealed once the mainnet is up and running.

• Transaction fees: APTs are used to pay transaction fees on the Aptos blockchain.
  Each transaction on the network requires a certain amount of APT tokens to be validated and confirmed.
• Staking: APT holders can participate in staking by locking their tokens to help secure the network.
  In return, they can receive rewards in APT, encouraging participation and decentralization.
• Governance: APT tokens enable holders to participate in the governance of the network.
  This includes the ability to vote on proposals for changes or updates to the protocol, thus influencing the future of the blockchain.
• Developer incentives: APT tokens are also used to reward developers who create applications or services on the Aptos blockchain, strengthening the ecosystem.

The initial distribution of Aptos Tokens (APT) at the mainnet launch on October 12, 2022 was 1 billion tokens.
The APT will have a precision of 8 digits after the decimal point, the minimum unit being called Octa.
This pool of tokens is intended for ecosystem-related elements such as subsidies, incentives and other community growth initiatives.
Some of these tokens have already been allocated to projects built on the Aptos protocol and will be granted on completion of certain milestones.
The majority of these tokens (410,217,359,767) are held by the Aptos Foundation, and a smaller portion (100,000,000) is held by Aptos Labs.
These tokens are expected to be distributed over a ten-year period: – 125,000,000 APT initially available to support ecosystem projects, grants and other community growth initiatives, now and in the future, for the Community category – 5,000,000 APT initially available to support Aptos Foundation initiatives for the Foundation category – 1/120 of the remaining tokens for the Community and Foundation are expected to be unlocked each month for the next 10 years All current investors and major contributors are subject to a four-year lock-in schedule, excluding rewards from staking if applicable, from the launch of the mainnet, which is unlocked according to the following schedule: – No APT available for the first twelve months – 3/48ths of these tokens are unlocked on the 13th month after mainnet launch and every month thereafter up to and including the 18th month – 1/48th of the tokens are unlocked every month thereafter from the 19th month after mainnet launch, so that all these tokens are unlocked on the fourth anniversary of the mainnet launch Today, more than 82% of the network’s tokens are in play in all categories, and the majority of them are currently blocked in accordance with the above distribution schedule and are not available for sale.
Token holders who stake their tokens with a validator operator in order to secure the network and reach consensus may receive staking rewards.
Staking rewards are shared between validator operators and stakers and are not subject to distribution restrictions.
Currently, the maximum reward rate starts at 7% per year.
The maximum reward rate decreases by 1.5% p.a. to a lower limit of 3.25% p.a. (which should take more than 50 years).
These rewards increase the total offer of the Aptos network and depend on the amount staked and the validator’s performance.
Transaction fees are currently burned.

View the APTOS course live.

1. Go to your Coinhouse application and log in to your personal space or create an account.
2. Go to the buy/sell section.
3. Select the amount you wish to invest, and the currency of your choice (in this case APTOS).
   You can buy APT tokens via USDC (quick purchase of USDC).
4. Once your transaction has been validated, you ‘ll find your APTs in your portfolio.

Even if it has yet to prove itself in terms of adoption by the crypto community, Aptos has a number of assets that set it apart from the competition: innovative technology enabling the management of thousands of transactions per second, a modern language enabling the development of decentralized applications rapidly, and above all, numerous partnerships and investors who decided to join the project based on the reputation of the original developers.
The Libra project’s descendants are bearing fruit here.
Only time will tell whether Aptos can become a serious competitor, particularly in the face of Ethereum.